Yes.
I could be wrong (got a notification from the tag in your post and was like WHA? How did I accidentally post in the FW thread?!), but I think if you are a Dec UY and have FW 52 (Christmas to NYE?), Thanksgiving (Nov) would actually be the *previous* use year, right?Guys this chain was in the ROFR thread (I don’t know why), but it got me thinking about how UY pertains to FW.
I get this, and am glad my first entry into this subgenre is a subsidized AUL OV 1BR DEC UY FW52.
Yes but if I were to opt out of my FW52 in 2024 and book Thanksgiving week of 2024 instead, that would be considered risky. The logic is: if I had to cancel after July 31, 2024 (after banking window) then my 2023 points would be in distress.
But on the other hand, if I had kept FW52 but had to cancel after banking window closes (July 31, 2024), wouldn’t I still be in the same boat (risking my DEC 2023 UY points)?
Doing this thinking exercise (cuz thinking about UY strains my brain), I see we cannot choose any other UY than the one in which our FW resides (for the 12-mo booking window using points previous to the travel year). But…
For regular contracts, wouldn’t April UY (and not DEC) be ideal for travel that occurs entirely in DEC? Reason being, if you cancel anytime before Dec and 31days before your checkin, you could still bank your points??
Apologies if this question turns out to be a long walk off a short plank.. I do make assumptions like the 12-m reservation will be made using prior year’s points…
Yes, if you purchased a 135 point Favorite Week and "topped it off" to 150 points in the same contract that entire 150 would be used annually for the Favorite Week reservation (losing 15 points on top of the 10%). You would get a full 150 points to book with if you cancel it (or book something prior to MS booking the reservation).
When I was throwing out possible Favorite Week ideas with my guide he confirmed I had one of DVC's "preferred" UYs for those weeks (makes sense since I picked my UY based on travel preference). I am sure if you wanted Favorite Week 47 with a Dec UY and you pushed hard enough a guide could get it approved and sell it, but it seems too risky for my tasteGuys this chain was in the ROFR thread (I don’t know why), but it got me thinking about how UY pertains to FW.
I get this, and am glad my first entry into this subgenre is a subsidized AUL OV 1BR DEC UY FW52.
Yes but if I were to opt out of my FW52 in 2024 and book Thanksgiving week of 2024 instead, that would be considered risky. The logic is: if I had to cancel after July 31, 2024 (after banking window) then my 2023 points would be in distress.
But on the other hand, if I had kept FW52 but had to cancel after banking window closes (July 31, 2024), wouldn’t I still be in the same boat (risking my DEC 2023 UY points)?
Doing this thinking exercise (cuz thinking about UY strains my brain), I see we cannot choose any other UY than the one in which our FW resides (for the 12-mo booking window using points previous to the travel year). But…
For regular contracts, wouldn’t April UY (and not DEC) be ideal for travel that occurs entirely in DEC? Reason being, if you cancel anytime before Dec and 31days before your checkin, you could still bank your points??
Apologies if this question turns out to be a long walk off a short plank.
…So would the FW52 reservation (2023 points to reserve 2024 room). So either way cancellation 1-4 months before leaves me SOL, right?
I’m not so sure because I don’t think that would work with the 12-mo booking window for a FW contract.When I was throwing out possible Favorite Week ideas with my guide he confirmed I had one of DVC's "preferred" UYs for those weeks (makes sense since I picked my UY based on travel preference). I am sure if you wanted Favorite Week 47 with a Dec UY and you pushed hard enough a guide could get it approved and sell it, but it seems too risky for my taste
Thanks for this because I am making assumptions as a firstime FW owner. Our FW49 VGF and FW50 RIV have full 2023 points after sellback of 2022 points through MB. I figured they would book next year’s reservations with 2023 points but you are probably correct and they will instead book with 2024 points allowing me to bank or rent out the ‘23 points.
You have to take into account use year vs calendar year. December is the trickiest because only one month of the actual use year falls within that same calendar year.
Exactly. Your December 2023 use year points cannot book calendar year 2023 Favorite Weeks 49 and 50 because they are 4 months away. These reservations would have been booked in December 2022 by MS. You can bank, use, rent, etc your 2023 use year points. December 2024 use year points will be used this December 2023 to book your next available Favorite Weeks.
Isn’t the smallest contract size available for RIV 50? So it would have to be 135 and then a 50 or 65?
Oh wow I had no idea it just automatically used ALL of the points in the contract no matter how many points are in there.
There is one problem trying to book that desired fixed week on points. The FW is actually booked sometime within 12 months out, where if you were going to book on points, you can only book 11 months out. So you won’t really know if your FW is available to book on points until you already have your FW booked. If your FW is not during a highly coveted timeframe, this shouldn’t really affect inventory and ability to book on points. But if people are walking reservations, best to stick with the FW.
Well since I’d have 300 points, I can allow it to book at 12 months, and then once the 11 month window rolls around I can try and use my other contract to book with regular points. If I’m able to book it with regular points I’d just cancel the fixed week. If not then I could just keep the fixed week right?
Correct. Keep in mind your UY. I have a Sept UY with a Dec FW. Cancellations apply as usual to the reservation, but your banking period may differ. If I cancel my FW Dec reservation, my points go back into my Sept UY, and follow the Sept UY banking deadline. You can pick any FW, but your points will always revert back to your contract UY. The two do not have to be the same.
I have an April UY so it should work fine as long as I cancel before the points go into holding. Worst thing that happens is I bank them
Seriously looking at this since the standard studio points are considerably less. Have to keep in mind that 10% upcharge!
Huh I just emailed my guide and she said even if I topped off the contract to 150, it would only take the 135 and not the full 150. Ideally I keep both at 150 so when I transfer it to my kids they each get full benefits. If I can do the 150 and not have it take the extra 10% in addition to the extra 15 points it would be perfect for me. I mean it should only take the amount the FW is allotted for or else you would have people who could have 300 point contracts and their fixed week is only worth 135 but then it taking the 300 wouldn’t make sense?
